First Bank Elk River

Elk River, MN · Cert 5136 · Peer group: banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (n=53) · First Natl Finl Services Inc.

State charter, non-member · FDIC · 4 branches

Q2 2026

$369.2MAssets

$274.8MLoans

$269.9MDeposits

$31.2MEquity

Executive Summary

Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 13 of 53).
Widest gap: efficiency ratio trails 92% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area (rank 50 of 53).
Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.56%

Rank 45 of 53

Net Interest Margin

3.16%

Rank 44 of 53

Efficiency Ratio

78.49%

Rank 50 of 53

Equity / Assets

8.44%

Rank 33 of 53

Non-interest income vs. expense

Unfavorable gap of $8.9M · efficiency ratio beats 8% of banks under $1B in assets in the Minneapolis-St. Paul-Bloomington, MN-WI area

Metric	Your Bank	Peer 25th	Peer Median	Peer 75th	Standing	Rank
Earnings
Return on Assets	0.56%	0.73%	1.11%	1.30%	Beats 15%	45 / 53
Return on Equity	6.65%	7.88%	12.20%	14.12%	Beats 19%	43 / 53
Net Interest Margin	3.16%	3.39%	3.77%	4.09%	Beats 17%	44 / 53
Efficiency Ratio	78.49%	56.05%	65.05%	71.57%	Beats 8%	50 / 53
Asset Quality
Nonperforming Loans / Loans	0.53%	0.14%	0.52%	1.20%	Beats 49%	28 / 53
Net Charge-Offs / Loans	0.00%	0.00%	0.01%	0.08%	Beats 100%	13 / 53
Capital
Tier 1 Capital Ratio	10.68%	10.73%	12.98%	15.08%	Beats 23%	41 / 53
Total Risk-Based Capital Ratio	10.68%	11.49%	13.79%	16.34%	Beats 13%	46 / 53
Equity / Assets	8.44%	8.08%	9.25%	10.72%	Beats 38%	33 / 53
Liquidity & Funding
Loans / Deposits	101.80%	72.13%	82.29%	93.80%	85th pctl	8 / 53
Loans / Assets	74.42%	63.64%	71.80%	79.37%	60th pctl	21 / 53
Brokered Deposits / Deposits	n/a	Not reported for this institution